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PINE LABS ACQUISITIONS
Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Pine Labs acquires ecommerce enabler Shopflo for Rs 88 croreDigital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merch...
- BharatPe appoints Himanshu Verma as head of POS BusinessHe will focus on driving merchant adoption, strengthening distribution, and scaling the company's offline payments ecosystem.
- SBI Mutual Fund buys 2.4 lakh shares in Pine Labs, crosses 5% stakePine Labs, which listed on the exchanges in November last year, currently commands a market capitalisation of about $2.4 billion on the BSE...
- Peak XV’s early Pine Labs bet lands over $1 billion in likely gainsAccording to two people in the know, the venture capital firm had invested around $35 million in total into Pine Labs and liquidated around...
- Pine Labs secures all three payment licences from RBIPine Labs has obtained all necessary regulatory licenses from the Reserve Bank of India. This includes approvals for offline payments, onli...
- Decoding Pine Labs’ DRHP: Fintech aims to raise Rs 2,600 crore via an IPONoida-based Pine Labs has filed its DRHP with Sebi to raise Rs 2,600 crore, aiming for a $4-5 billion valuation. The fintech firm, backed b...
- Pine Labs set to file for up to Rs 6,000-crore IPO by month-endPine Labs is preparing to file its DRHP with SEBI by the end of June, aiming for an IPO later this year to raise Rs 5,000-6,000 crore. The ...
- Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginallyPine Labs majorly deploys point of sales terminals at retail merchant outlets and recently started its online ecommerce payments business t...
- No window for IPO in current market situation: Pine Labs CEO Amrish RauAmrish Rau says investors want market storm to clear up before going for an IPO; eyes sales outpost in US, EU.
- Pine Labs acquires Saluto Wellness to bolster its rewards management playThe acquisition will allow Pine Labs to provide corporate enterprises and brand partners with reward workflow management capabilities for t...
- Gift card platform Qwikcilver Solutions completes merger with Pine LabsThe existing products, solutions, platforms, and programs from Qwikcilver will continue to operate without impacting users
- Digital payments provider Pine Labs acquires API infra firm Setu for $70-75 millionPost the acquisition, Setu will work independently and retain its brand entity and continue to serve its existing merchants and Pine Labs w...
- Pine Labs picks up majority stake in Mosambee, to bolster offline payments playWith the investment by Pine Labs, Mosambee is now valued at upwards of $100 million.
- Pine Labs sharpens focus on online merchants with Qfix acquisitionFor Amrish Rau-led Pine Labs, Qfix is the latest in a string of acquisitions ahead of its initial public offering (IPO) in the US. The fint...
- Pine Labs in talks to acquire API infrastructure startup SetuSetu’s technology stack is expected to help Pine Labs overhaul and refine its financial data infrastructure at a time when it is actively e...
- Pine Labs appoints Cred founder Kunal Shah to its boardThe appointment comes a month after the startup raised over $600 million in funding.
- Pine Labs acquires payments platform Fave for $45 millionThe acquisition also paves the way for Fave to launch its payments app in India, which will allow Indian consumers to make transactions at ...
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